'Panama Papers' Expose Offshore Wealth of Global Leaders

On Sunday, over 100 media outlets published coordinated articles about a leak of 11 million financial documents dubbed the "Panama Papers." In what is being called the biggest leak of financial data in history, the documents expose world leaders and celebrities who allegedly hid their assets in offshore bank accounts using a Panama-based law firm called Mossack Fonseca. The expose has ignited protests around the world and triggered the resignation of Iceland's prime minister. We discuss the breakthrough investigation, its ties to Vladimir Putin and China and the ripple effects the papers will have in America.

James Henry, senior sdvisor, Tax Justice Network; senior fellow, the Columbia University Center on Sustainable Investment; author of "The Blood Bankers: Tales from the Global Underground Economy" and the forthcoming "The Pirate Bankers"